The Effect of RMB Nominal Exchange Rate on the Composition of China抯 Export to America..an Empirical Study based on the SITC
Based on the Standard International Trade Classification, the paper classifies the Chinese export to the United States into nine categories and deals with the effect of RMB nominal exchange rate and U.S. real income on Chinese export to U.S.A. As a conclusion, all types of these nine products are significantly influenced by the U.S. income, and differences in elasticity to nominal exchange rate exist. Moreover, the responses of all exports to nominal exchange rate are not fully consistent with theoretical projection, the causes for which are examined.
RMBNominalExchangeRate CompositionofExport Co-integrationanalysis VarianceDecomposition
Genneng Zhang Wenxiu Hu Wujun Diao
Faculty of Economics and Management Xi’an University of Technology Xi’an, China Faculty of Economics and ManagementXi’an University of TechnologyXi’an, China
国际会议
广州
英文
1-4
2011-05-13(万方平台首次上网日期,不代表论文的发表时间)